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Clifford Chance

Clifford Chance


Implementation of the UK Wholesale Markets Review: Progress Report

14 September 2022

The Wholesale Markets Review (WMR) was established to improve the UK's regulation of secondary markets following Brexit by making these rules better calibrated for UK markets.

This briefing sets out how the UK is delivering the WMR, including via the new Financial Services and Markets Bill, and how these reforms are diverging from EU wholesale markets regulation.

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